. >> thank you. >> up next on the rundown, new evidence the economy is still stuck in a ditch. we're going to break it down for you. and then the president's new pick for secretary of defense implodz at his confirmation >> laura: in the impact segment tonight, nor bad news for the u.s. economy. the january jobs report came out today and the unemployment rate is back on the rise. climbing a tenth of a point to 7.9%. and even though the economy added 157,000 new jobs. nearly 23 million americans are still out of work or stuck in part-time jobs. here now with reaction fox news contributor, gary b. smith and joining us from new york is david callahan a senior fellow at demos which is a progressive think tank. all right, gentlemen. let's start with you this on the surface the stock market is rocking up to 14,000. don't you wish put more money in the market this month. this labor participation rate is hovering at an all-time low last 30 years. tell us what's going on in these jobs? >> dichotomy by the market which is owned by the obama 1%. in this case 5%. and the average investor ha